Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if: 25.2.2.1 an Insolvency Event occurs in relation to the other Party; 25.2.2.2 such other Party is the Client and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 days of receipt of notice from the Custodian requesting it to do so; or 25.2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 days of receipt of notice requesting it to do so. If the Custodian terminates this Agreement pursuant to sub-sections 25.2.1 or 25.2.2, the Custodian will continue to provide the Services for a period of up to 270 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 270-day period, or such other financial assurance reasonably acceptable to the Custodian.
Appears in 9 contracts
Samples: Custody Agreement (Vista Credit Strategic Lending Corp.), Master Custody Agreement (Blue Owl Alternative Credit Fund), Custody Agreement (Russell Investments Exchange Traded Funds)
Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if:
25.2.2.1 an Insolvency Event occurs in relation to the other Party;
25.2.2.2 such other Party is the Client and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 days of receipt of notice from the Custodian requesting it to do so; or
25.2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 days of receipt of notice requesting it to do so. If the Custodian terminates this Agreement pursuant to sub-sections 25.2.1 25.2.2.1 or 25.2.225.2.2.2, the Custodian will continue to provide the Services for a period of up to 270 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 270-day period, or such other financial assurance reasonably acceptable to the Custodian.
Appears in 4 contracts
Samples: Custody Agreement (Lazard Active ETF Trust), Custody Agreement (Cascade Private Capital Fund), Custody Agreement (WisdomTree Bitcoin Fund)
Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if:
25.2.2.1 an Insolvency Event occurs in relation to the other Party;
25.2.2.2 such other Party is the Client and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 45 days of receipt of notice from the Custodian requesting it to do so; or
25.2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 45 days of receipt of notice requesting it to do so. If the Custodian terminates this Agreement pursuant to sub-sections 25.2.1 or 25.2.2, the Custodian will continue to provide the Services for a period of up to 270 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 270-day period, or such other financial assurance reasonably acceptable to the Custodian.
Appears in 3 contracts
Samples: Custody Agreement (MassMutual Access Pine Point Fund), Custody Agreement (MassMutual Access Pine Point Fund), Custody Agreement (MassMutual Access Pine Point Fund)
Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if:
25.2.2.1 an Insolvency Event occurs in relation to the other Party;
25.2.2.2 such other Party is the Client and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 days of receipt of notice from the Custodian requesting it to do so; or
25.2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 days of receipt of notice requesting it to do so. If the Custodian terminates this Agreement pursuant to sub-sections 25.2.1 (a) or 25.2.2(b), the Custodian will continue to provide the Services for a period of up to 270 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 270-day period, or such other financial assurance reasonably acceptable to the Custodian.
Appears in 3 contracts
Samples: Custody Agreement (Golub Capital Direct Lending Unlevered LLC), Custody Agreement (Apollo Debt Solutions BDC), Custody Agreement (Apollo Debt Solutions BDC)
Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if:
25.2.2.1 an Insolvency Event occurs in relation to the other Party;
25.2.2.2 such other Party is the Client and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 days of receipt of notice from the Custodian requesting it to do so; or
25.2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 days of receipt of notice requesting it to do so. If the Custodian terminates this Agreement pursuant to sub-sections subsections 25.2.1 or 25.2.2, the Custodian will continue to provide the Services for a period of up to 270 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 270-day period, or such other financial assurance reasonably acceptable to the Custodian.
Appears in 2 contracts
Samples: Custody Agreement (Partners Group Next Generation Infrastructure LLC), Custody Agreement (AB Active ETFs, Inc.)
Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if:
25.2.2.1 an Insolvency Event occurs in relation to the other Party;
25.2.2.2 such other Party is the Client and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 days of receipt of notice from the Custodian requesting it to do so; or
25.2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 days of receipt of notice requesting it to do so. If the Custodian terminates this Agreement pursuant to sub-sections 25.2.1 25.2.2.1 or 25.2.225.2.2.2, the Custodian will continue to provide the Services for a period of up to 270 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 270-day period, or such other financial assurance reasonably acceptable to the Custodian.. GCA20210513
Appears in 1 contract
Samples: Custody Agreement (Lord Abbett Flexible Income Fund)
Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if:
25.2.2.1 an Insolvency Event occurs in relation to the other Party;
25.2.2.2 such other Party is the Client and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 days of receipt of notice from the Custodian requesting it to do so; or
25.2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 days of receipt of notice requesting it to do so. If the Custodian terminates this Agreement pursuant to sub-sections 25.2.1 25.2.2.1 or 25.2.225.2.2.2, the Custodian will continue to provide the Services for a period of up to 270 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 270-day period, or such other financial assurance reasonably acceptable to the Custodian. The termination of this Agreement by some but not all of the Clients set forth on Appendix A shall not affect the validity of this Agreement with regard to the remaining Clients.
Appears in 1 contract
Samples: Custodian Agreement (New Mountain Private Credit Fund)
Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if:
25.2.2.1 an Insolvency Event occurs in relation to the other Party;
25.2.2.2 such other Party is the Client Trust and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 days of receipt of notice from the Custodian requesting it to do so; or
25.2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 days of receipt of notice requesting it to do so. If the Custodian terminates this Agreement pursuant to sub-sections 25.2.1 or 25.2.2, the Custodian will continue to provide the Services for a period of up to 270 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 270-day period, or such other financial assurance reasonably acceptable to the Custodian.. Information Classification: Limited Access 19 GCA.US40ACT.20210617
Appears in 1 contract
Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if:
25.2.2.1 26.2.2.1 an Insolvency Event occurs in relation to the other Party;
25.2.2.2 26.2.2.2 such other Party is the Client and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 days of receipt of notice from the Custodian requesting it to do so; or
25.2.2.3 26.2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 days of receipt of notice requesting it to do so. If the Custodian terminates this Agreement pursuant to sub-sections 25.2.1 25.2.2.1 or 25.2.225.2.2.2, the Custodian will continue to provide the Services for a period of up to 270 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 270-day period, or such other financial assurance reasonably acceptable to the Custodian.
Appears in 1 contract
Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if:
25.2.2.1 an Insolvency Event occurs in relation to the other Party;
25.2.2.2 such other Party is the Client and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 days of receipt of notice from the Custodian requesting it to do so; or
25.2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 days of receipt of notice requesting it to do so. If the Custodian terminates this Agreement pursuant to sub-sections 25.2.1 25.2.1.2 or 25.2.225.2.2.2, the Custodian will continue to provide the Services for a period of up to 270 days subject to Section 25.2.1.1, and subject further to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 270-day period, or such other financial assurance reasonably acceptable to the Custodian.
Appears in 1 contract
Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if:
25.2.2.1 an Insolvency Event occurs in relation to the other Party;
25.2.2.2 such other Party is the Client and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 60 days of receipt of notice from the Custodian requesting it to do so; or
25.2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 60 days of receipt of notice requesting it to do so. If the Custodian terminates this Agreement pursuant to sub-sections 25.2.1 or 25.2.2, the Custodian will continue to provide the Services for a period of up to 270 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 270-day period, or such other financial assurance reasonably acceptable to the Custodian.
Appears in 1 contract
Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if:
25.2.2.1 an Insolvency Event occurs in relation to the other Party;
25.2.2.2 such other Party is the Client and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 days of receipt of notice from the Custodian requesting it to do so; or
25.2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 days of receipt of notice requesting it to do so. If the Custodian terminates this Agreement pursuant to sub-sections subsections 25.2.1 or 25.2.2, the Custodian will continue to provide the Services for a period of up to 270 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 270-day period, or such other financial assurance reasonably acceptable to the Custodian.. Information Classification: Limited Access
Appears in 1 contract
Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if:
25.2.2.1 an Insolvency Event occurs in relation to the other Party;
25.2.2.2 such other Party is the Client and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 days of receipt of notice from the Custodian requesting it to do so; oror Information Classification: Limited Access
25.2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 days of receipt of notice requesting it to do so. If the Custodian terminates this Agreement pursuant to sub-sections 25.2.1 or 25.2.2, the Custodian will continue to provide the Services for a period of up to 270 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 270-270- day period, or such other financial assurance reasonably acceptable to the Custodian.
Appears in 1 contract
Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if:
25.2.2.1 an Insolvency Event occurs in relation to the other Party;
25.2.2.2 such other Party is the Client and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 days of receipt of notice from the Custodian requesting it to do so; or
25.2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 days of receipt of notice requesting it to do so. If the Custodian terminates this Agreement pursuant to sub-sections 25.2.1 or 25.2.2, the Custodian will continue to provide the Services for a period of up to 270 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 270-day period, or such other financial assurance reasonably acceptable to the Custodian.. Information Classification: Limited Access 20
Appears in 1 contract
Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if:
25.2.2.1 an Insolvency Event occurs in relation to the other Party;
25.2.2.2 such other Party is the Client and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 days of receipt of notice from the Custodian requesting it to do so; or
25.2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 days of receipt of notice requesting it to do so. If the Custodian terminates this Agreement pursuant to sub-sections 25.2.1 25.2.2.1 or 25.2.225.2.2.2, the Custodian will continue to provide the Services for a period of up to 270 120 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 270120-day period, or such other financial assurance reasonably acceptable to the Custodian.
Appears in 1 contract
Samples: Custody Agreement (Cotwo Advisors Physical European Carbon Allowance Trust)
Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if:
25.2.2.1 an Insolvency Event occurs in relation to the other Party;
25.2.2.2 such other Party is the Client and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 45 days of receipt of notice from the Custodian requesting it to do so; or
25.2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 45 days of receipt of notice requesting it to do so. If the Custodian terminates this Agreement pursuant to sub-sections 25.2.1 25.2.2.1 or 25.2.225.2.2.2, the Custodian will continue to provide the Services for a period of up to 270 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 270-day period, or such other financial assurance reasonably acceptable to the Custodian.
Appears in 1 contract
Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if:: Information Classification: Limited Access
25.2.2.1 an Insolvency Event occurs in relation to the other Party;
25.2.2.2 such other Party is the Client and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 days of receipt of notice from the Custodian requesting it to do so; or
25.2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 days of receipt of notice requesting it to do so. If the Custodian terminates this Agreement pursuant to sub-sections 25.2.1 25.2.2.1 or 25.2.225.2.2.2, the Custodian will continue to provide the Services for a period of up to 270 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 270-day period, or such other financial assurance reasonably acceptable to the Custodian.
Appears in 1 contract
Samples: Custody Agreement (Lord Abbett Private Credit Fund)
Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if:: 25.
25.2.2.1 2.2.1 an Insolvency Event occurs in relation to the other Party;; 25.
25.2.2.2 2.2.2 such other Party is the Client and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 days of receipt of notice from the Custodian requesting it to do so; oror 25.
25.2.2.3 2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 days of receipt of notice requesting it to do so. If the Custodian terminates this Agreement pursuant to sub-sub- sections 25.2.1 25.2.2.1 or 25.2.225.2.2.2, the Custodian will continue to provide the Services for a period of up to 270 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 270-day period, or such other financial assurance reasonably acceptable to the Custodian. The termination of this Agreement by some but not all of the Clients set forth on Appendix A shall not affect the validity of this Agreement with regard to the remaining Clients. 25.
Appears in 1 contract
Samples: Custodian Agreement (New Mountain Guardian IV Income Fund, L.L.C.)
Immediate Effect. A Party may terminate this Agreement with immediate effect at any time by written notice to the other Party, if:
25.2.2.1 an Insolvency Event occurs in relation to the other Party;
25.2.2.2 such other Party is the Client Trust and fails to pay any undisputed Fees as and when due and has failed to cure such breach within 30 days of receipt of notice from the Custodian requesting it to do so; or
25.2.2.3 such other Party commits a material breach of an obligation under this Agreement and has failed to cure such breach within 30 days of receipt of notice requesting it to do so. If the Custodian terminates this Agreement pursuant to sub-sections 25.2.1 or 25.2.2, the Custodian will continue to provide the Services for a period of up to 270 days subject to payment in full of any overdue undisputed Fees and prepayment of the Fees reasonably expected to be incurred during such 270-day period, or such other financial assurance reasonably acceptable to the Custodian.. Information Classification: Limited Access
Appears in 1 contract